Attached files

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EX-99.2 - MEMBER BULLETIN NO. 1402 DATED FEBRUARY 23, 2012 - Federal Home Loan Bank of San Franciscomemberbulletinexhibit992.htm
EX-99.1 - PRESS RELEASE DATED FEBRUARY 22, 2012 - Federal Home Loan Bank of San Franciscopressreleaseexhibit991.htm


 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

__________________
FORM 8-K
__________________


CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) February 22, 2012

__________________
FEDERAL HOME LOAN BANK OF SAN FRANCISCO
(Exact name of registrant as specified in its charter)
__________________
 
 
 
 
 
Federally chartered corporation
 
000-51398
 
94-6000630
(State or other jurisdiction
of incorporation)
 
(Commission File Number)
 
(IRS Employer 
Identification No.)

600 California Street
San Francisco, CA 94108
(Address of principal executive offices, including zip code)

(415) 616-1000
(Registrant's telephone number, including area code)

Not Applicable
(Former name or former address, if changed since last report)
__________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 






Item 2.02 Results of Operations and Financial Condition.

On February 22, 2012, the Federal Home Loan Bank of San Francisco (the “Bank”) issued a press release announcing its operating results for the year ended December 31, 2011, and the fourth quarter of 2011, the declaration of a cash dividend on the capital stock outstanding during the fourth quarter of 2011, and the Bank's plan to repurchase up to $500 million in excess capital stock on March 16, 2012. A copy of the press release is included as Exhibit 99.1 to this report. A copy of the Bank's member communication regarding the Bank's plan to repurchase excess capital stock is included as Exhibit 99.2 to this report. The information contained in Exhibits 99.1 and 99.2 is being furnished pursuant to Item 2.02 of this report and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.





Item 7.01 Regulation FD Disclosure.

On February 22, 2012, the Bank announced the declaration of a cash dividend on the capital stock outstanding during the fourth quarter of 2011 and the Bank's plan to repurchase up to $500 million in excess capital stock on March 16, 2012. The press release and member communication set forth above in Item 2.02 are hereby incorporated into Item 7.01 by reference.


Item 9.01 Financial Statements and Exhibits.

(d)
Exhibits
 
 
 
 
 
99.1
Press Release, dated February 22, 2012, issued by the Federal Home Loan Bank of San Francisco
 
99.2
Special Attention Bulletin No. 1402 (Partial Repurchase of Excess Capital Stock) dated February 23, 2012, issued by the Federal Home Loan Bank of San Francisco



Signature(s)

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


 
 
Federal Home Loan Bank of San Francisco
 
 
 
Date: February 23, 2012
 
By:               /s/ Lisa B. MacMillen                       
 
 
       Lisa B. MacMillen
       Executive Vice President and Chief Operating Officer